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Latest Briefings

Do payment processors wield too much power?

By Simon de Broise  Payment processors, as the name suggests, facilitate payments by credit and debit cards for both online and point of sale transactions. The payment processor acts as an intermediary between the merchant (e.g. a retailer or airline) and the customer’s bank, facilitating the rapid authorisation (or otherwise) of the payment and initiating (and […]

Making alterations to rented business premises in Guernsey

By Piers Dereham I want to carry out fitting-out works to my business premises but my landlords say I will have to remove them when my lease expires. They are also saying that they need to check my plans before they agree to anything. Is this correct? Yes. Most commercial leases contain clauses requiring you to […]

Ignoring Turkish law on data breaches could put you in prison

Data processors resident outside Turkey whose activities affect Turkey may also need to register by 30 September 2019. Even failing to delete expired data can be punished by one to two years’ imprisonment. As a candidate state for EU membership, Turkey aligns much of its legal system with EU law, hence its 2016 Law on the […]

Amendments to the legislation of Kazakhstan on corporate matters

By Bolat Miyatov  On 2 July 2018, the Law of the Republic of Kazakhstan No. 166-VI “On Amendments to Certain Legislative Acts of the Republic of Kazakhstan on Insurance and Insurance Activities, Securities Market” was adopted. Among other things, this legislative act has amended the Law of the Republic of Kazakhstan dated 13 May 2003 No. […]

Six weeks to go until Brexit: What’s going to happen to environmental law?

By Ben Stansfield, Lee P McBride, Andrew Litchfield One of the great beneficiaries of the European Union has been the environment. Since the very beginnings of the EU, Member States have come together and enacted a great variety of environmental laws, leading to cleaner seas, flourishing habitats and healthier citizens. With Brexit only a few weeks away, this […]

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Wilde Sapte's Paris office in breakaway

Wilde Sapte’s Paris office is faced with the loss of a key equity partner who is setting up a breakaway firm next month, as the remaining two partners are likely to leave next year. Banking partner Olivier Tordjman is leasing half of Wilde Sapte’s building space in Paris and setting up as a sole practitioner. […]

Poach the books

Perhaps it’s because I’m an accountant that I found myself adding up how many times your issue of 2 August used the verb “poach” – nine appearances over three pages. What is the legal profession coming to, bearing in mind the word implies an illegal act, viz the entering of another’s land and stealing game? […]

US firms feel the urge to merge

Rogers & Wells and Clifford Chance are well on the way to merging, while Thelen Reid & Priest has publicly declared its intention to do so (The Lawyer, 2 August). US and UK firms are engaged in the serious business of wooing one another as transatlantic tie-ups now become a necessity for many instead of […]

In brief: Clifford Chance

Clifford Chance partner Lawrence Randall has retired from practice. He was managing partner at the firm’s Brussels office, which he set up in 1973. He retired last week, aged 52, and is replaced by Yves Herincx.

Thomson MBO secured by double-decker

Travers Smith Braithwaite and Clifford Chance have completed the secondary buy-out of Thomson Directories using an innovative insurance arrangement to secure the deal. The sale of Thomson, originally the subject of a buy-out in 1997, involved a “double-decker” insurance policy, arranged by insurance brokers HSBC Gibbs. The u220m buy-out was backed by venture capitalist Apax […]

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